USDCHF continues to rise sharply after the earlier upward reversal with the daily Bullish Engulfing from the support zone located between the round support level 0.90000 (which stopped the previous extended downtrend in August) and the lower daily Bollinger Band. Given the strongly bearish Swiss franc sentiment seen across the…

EURJPY continues to rise strongly after the earlier upward reversal form the support area lying between the key support level 122.40 (former monthly low from September), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from May. Given the strongly bearish Yen sentiment seen across the…

NZDJPY continues to after the earlier breakout of the key resistance level 70.40 (which is the upper boundary of the narrow sideways price range inside which the pair has been trading from September). The breakout of the resistance level 70.40 accelerated the active short-term impulse wave 3 – which is…

USDJPY continues to decline – under the pressure after the earlier breakout of the powerful support level 104.000 (which has been reversing the pair from the end of July, as can be seen below). The breakout of the support level 104.000 accelerated the active short-term impulse wave C – which…

USDCHF continues to fall after the earlier breakout of the key support level 0.9030 (which has reversed the pair multiple times from the start of August). The breakout of this support level accelerated the active different length impulse waves 3 and (3). Given the strong daily downtrend and the powerful…

AUDCAD continues to rise inside the short-term corrective wave 2, which previously broke the resistance area located between the support level 0.94000 (former monthly low from September) and the upper resistance trendline of the daily down channel from September. Given the clear multi month uptrend and the rising bullish sentiment…

AUDUSD continues to rise inside the short-term corrective wave 2, which started recently from the support area located between the round support level 0.70000 (former monthly low from September), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from May. The pair is currently testing the…

WTI recently reversed up from the support area located between the long term support level 35.000 (former monthly low from June), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from May. The upward reversal from this support area started the active short-term impulse wave (ii).…

CADCHF recently reversed up from the resistance area located between the key resistance level 0.6965 (which reversed the previous upward correction 2 in October) and the upper daily Bollinger Band. The downward reversal from this resistance area started the active short-term impulse wave (iii). Given the growing bullish Swiss franc…

GBPUSD recently reversed up from the support area located between the key support level 1.28600 (which reversed the price twice in October), lower daily Bollinger Band and the 61.8% Fibonacci correction of the earlier medium-term ABC correction (2) from September. Given the strongly bearish U.S. dollar sentiment seen across the…